Two optimization models of the optimum inspection problem

Two optimization models of the optimum inspection problem

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Article ID: iaor20062420
Country: United Kingdom
Volume: 56
Issue: 10
Start Page Number: 1176
End Page Number: 1183
Publication Date: Oct 2005
Journal: Journal of the Operational Research Society
Authors: ,
Abstract:

This paper deals with establishing an optimum inspection schedule for systems that are subject to random failure and where the failure can be detected only through an inspection. The paper reviews ‘classical’ optimum checking policies. Two new optimization models are proposed to find the optimum sequence of inspection times. Theoretical analysis and numerical examples show that the optimum inspection time sequence derived from the proposed models is relatively accurate, robust, and computationally simple.

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